Repurchase of Notes by the Company at Option of Holders on Specified Dates. Subject to the terms and conditions of the Indenture, the Company shall become obligated to repurchase, at the option of the Holder, all of the Notes held by such Holder on February 1, 2011 and February 1, 2016 at a Company Repurchase Price of 100% of the principal amount thereof, plus any accrued and unpaid interest, if any, on such Notes to, but excluding, the Company Repurchase Date. To exercise such right, a Holder shall deliver to the Trustee (or other Paying Agent appointed by the Company) such Note with the form entitled “Form of Company Repurchase Election” on the reverse thereof duly completed, together with the Note, duly endorsed for transfer, at any time from the opening of business on the date that is 20 Business Days prior to such Company Repurchase Date until the close of business on the Business Day immediately preceding the Company Repurchase Date, as set forth in the Indenture.
Appears in 1 contract
Sources: Indenture (Ual Corp /De/)
Repurchase of Notes by the Company at Option of Holders on Specified Dates. Subject to the terms and conditions of the Indenture, the Company shall become obligated to repurchase, at the option of the Holder, all of the Notes held by such Holder on February 1June 30, 2011 and February 1June 30, 2016 at a Company Repurchase Price of 100% of the principal amount thereof, plus any accrued and unpaid interest, if any, on such Notes to, but excluding, the Company Repurchase Date. To exercise such right, a Holder shall deliver to the Trustee (or other Paying Agent appointed by the Company) such Note with the form entitled “Form of Company Repurchase Election” on the reverse thereof duly completed, together with the Note, duly endorsed for transfer, at any time from the opening of business on the date that is 20 Business Days prior to such Company Repurchase Date until the close of business on the Business Day immediately preceding the Company Repurchase Date, as set forth in the Indenture.
Appears in 1 contract
Sources: Indenture (Ual Corp /De/)